Tuesday, November 2, 2010

Hedge Hog Concept

What is the Hedge Hog Concept? It refers to how the top managers in a company take care of, and lead, the business. The hedgehog concept states that there are two ways that a top-level leader can direct the company: as a hedgehog or as a fox.

If you are a fox, it means that you are always in a hurry to get ahead. You rush around from one great idea to the next, looking for the next big thing. You are easily distracted and you constantly are working out new schemes. You want to make your company a lot of money.

If you are a hedge hog then you move in a slower and more deliberate way. All decisions are considerated carefully - is it what's best for the company? You are open to new ideas and will tweak your plan and the company with small changes here and there but only if they will blend with the company. You take everything one step at a time and concentrate on what you do best.

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